Tax Reforms: Group faults governors over 50% VAT sharing formula

As the National Assembly considers the proposed tax reforms bills, the Citizens Network for Peace and Development in Nigeria (CNPD) has rejected the Nigeria Governors Forum’s (NGF) proposed VAT sharing formula, which allocates 50% based on equity, 30% based on derivation, and 20% based on population. CNPD’s National Coordinator, Mr Okorie Ikechukwu Raphael, at a […]

The post Tax Reforms: Group faults governors over 50% VAT sharing formula appeared first on The Guardian Nigeria News – Nigeria and World News.

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